Wells Fargo Maintains a Buy Rating on Bj’s Wholesale Club Holdings (BJ)


Wells Fargo analyst Edward Kelly maintained a Buy rating on Bj’s Wholesale Club Holdings (BJ) on December 6. The company’s shares closed last Monday at $23.54.

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 7.3% and a 68.0% success rate. Kelly covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Performance Food Group, and United Natural Foods.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bj’s Wholesale Club Holdings with a $29.75 average price target, a 25.9% upside from current levels. In a report issued on November 21, William Blair also reiterated a Buy rating on the stock.

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The company has a one-year high of $29.41 and a one-year low of $19.67. Currently, Bj’s Wholesale Club Holdings has an average volume of 2.24M.

Based on the recent corporate insider activity of 134 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BJ in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BJ’s Wholesale Club Holdings, Inc. engages in the operation of warehouse club. The company was founded on June 24, 2011 and is headquartered in Westborough, MA.

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